How To Build A Profitable Trade Business
Overview
In this episode, host Dan Dowdy dives into the fundamentals of building a profitable trades business. Whether you’re starting from scratch or looking to break through a plateau, Dan covers three key areas to focus on that will set you up for long-term success.
This episode is packed with actionable insights, real-life examples, and proven strategies to help you create a self-operating business that delivers consistent growth and profitability.
Discussions
Systems and Processes
- The difference between systems (proactive) and processes (reactive).
- How to focus on the 20% of efforts that yield 80% of results.
- Practical examples like weekly team meetings and standardized service protocols to boost efficiency and consistency.
High-Value Services and Repeat Customers
- Why defining and focusing on your most profitable offerings matters.
- The dangers of being “all things to all people.”
- Building steady cash flow with membership programs, email marketing, and staying top-of-mind with your customers.
Building Leaders and Teams
- Leadership isn’t a title; it’s an action.
- Training your team to think independently and make decisions.
- The importance of investing in leadership development and fostering accountability.
Thanks for tuning in to today’s episode of Built for the Trades! I hope this helps you feel more confident in your decision-making process and that you can take the right risks to push your business forward. Remember, the more positive your mindset, the better the results you’ll see.